8-K/AOther Events

CHURCH & DWIGHT CO INC /DE/ 8-K/A Report (Nov 9, 2001)

Filed November 9, 2001For Securities:CHD

Summary

This 8-K filing from CHURCH & DWIGHT CO INC /DE/ (CHD) on November 9, 2001, primarily details the financial statements and exhibits related to their acquisition of Carter-Wallace, Inc.'s consumer business. Specifically, it includes audited and unaudited financial statements for Carter-Wallace's Consumer Business, excluding certain product lines (antiperspirant/deodorant in the US and Canada, and pet products), as well as the remaining consumer business segments. This provides investors with insight into the financial performance and position of the assets that CHD is acquiring. The filing indicates a significant transaction where CHD, through its joint venture Armkel, LLC, is acquiring substantial portions of Carter-Wallace's consumer products business. The financial statements presented are crucial for understanding the value and operational performance of the acquired segments, enabling investors to assess the strategic rationale and potential financial impact of this acquisition on CHURCH & DWIGHT CO INC.

Key Highlights

  • 1The filing contains detailed financial statements for the acquired Carter-Wallace consumer business segments, including audited annual and unaudited interim combined statements.
  • 2The acquisition involves Carter-Wallace's Consumer Business, excluding specific product lines like US/Canada antiperspirant/deodorant and pet products.
  • 3Separate financial statements are provided for the 'Consumer Business - Excluding Antiperspirant/Deodorant Products in the United States and Canada and Pet Products' and the 'Consumer Business - Antiperspirant/Deodorant Products in the United States and Canada and Pet Products' segments.
  • 4The independent auditors' reports confirm that the presented financial statements fairly represent the net assets to be sold and the related revenues, expenses, and cash flows.
  • 5The notes to the financial statements provide essential details on the basis of presentation, accounting policies, significant assets and liabilities, and the terms of the acquisition agreements.
  • 6The filing includes pro forma financial information to reflect the impact of the acquisition of the Carter-Wallace businesses and other related transactions on CHURCH & DWIGHT's financial results.
  • 7The pro forma statements provide a forward-looking view of the combined entity's potential financial performance, aiding investor analysis of the acquisition's expected impact.

Frequently Asked Questions

This filing's primary purpose is to provide the financial statements and related exhibits for the consumer business segments of Carter-Wallace, Inc. that CHURCH & DWIGHT CO INC (CHD) is acquiring. This information is essential for investors to evaluate the financial health and performance of the acquired assets as part of CHD's acquisition strategy.

The filing details the financial performance of two main segments of Carter-Wallace's consumer business: 1) the Consumer Business excluding Antiperspirant/Deodorant Products in the United States and Canada and Pet Products, and 2) the Consumer Business comprising Antiperspirant/Deodorant Products in the United States and Canada and Pet Products.

The pro forma financial statements present the combined financial results of CHURCH & DWIGHT, the acquired Carter-Wallace businesses, and other related transactions as if they had occurred at an earlier date. This allows investors to better understand the potential financial impact of these significant acquisitions on CHD's overall financial performance and position.

Yes, Note 1 in the financial statements for the 'Consumer Business - Excluding Antiperspirant/Deodorant Products in the United States and Canada and Pet Products' segment outlines the key terms of the Asset Purchase Agreement between Carter-Wallace and Armkel, LLC, and the Product Line Purchase Agreement between Armkel, LLC and Church & Dwight Co., detailing the transaction structure and consideration.